NFT monthly sales break 2025 downward trend in May: CryptoSlam

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Data shows unsocial NFT buyers surged by 50% successful May, jumping to 936,000 from 622,000, signaling renewed demand.

 CryptoSlam

Non-fungible tokens (NFTs) caught an uptick successful monthly income successful May aft months of accordant diminution passim 2025. 

Data from CryptoSlam shows that May’s NFT income climbed to $430 million, up from $373 cardinal successful April, a 15% increase. It marks the archetypal monthly income summation since the commencement of the year, suggesting renewed involvement successful integer collectibles. 

This follows a five-month diminution successful income since measurement peaked astatine implicit $900 cardinal successful December 2024. May besides had the highest fig of transactions successful 2025, reaching 5.5 million, according to CryptoSlam. 

The income uptick could besides beryllium attributed to the divergence betwixt unsocial NFT buyers and unsocial NFT sellers. NFT buyers continued to summation successful May, portion sellers declined. 

Chart compiled by Cointelegraph to show CryptoSlam information connected NFT monthly sales. Source: Cointelegraph

NFT sellers dwindle, portion buyers increase

May besides showed a important leap successful unsocial buyers. The fig of users buying NFTs roseate by 50% to implicit 936,000 successful May, up from astir 622,000 successful April.

May’s figures are the largest purchaser number since October 2024, hinting astatine increasing capitalist information during the month. 

While buyers increased, the fig of unsocial sellers continued to decline. In May, NFT sellers fell to astir 284,600, the lowest magnitude recorded connected the CryptoSlam level since April 2021. 

The divergence betwixt the increasing purchaser involvement and shrinking seller enactment could acceptable the signifier for much competitory bidding, which whitethorn pb to higher valuations. 

Chart compiled by Cointelegraph to show CryptoSlam information connected NFT buyers and sellers. Source: Cointelegraph 

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NFTs acceptable for a comeback successful 2025

CryptoSlam strategist Yehudah Petscher said that the marketplace is poised for a rebound, but with a much tempered outlook than its erstwhile highs. 

“The NFT marketplace volition spot a bounce backmost this year, astir apt conscionable aft BTC sees its apical of the cycle,” Petscher told Cointelegraph, suggesting that the momentum successful integer collectibles volition travel broader crypto marketplace trends. 

Despite the bullish sentiment, the strategist told Cointelegraph that the NFT comeback mightiness not beryllium akin to the space’s 2021 oregon 2021 peak. “Don’t expect a repetition of the 21/22 euphoria that we saw successful NFTs,” Petscher said. 

Meanwhile, DappRadar expert Sara Gherghelas said successful a May 27 study that the assemblage needs caller catalysts to afloat rebound. The expert believes real-world assets (RWAs) linking with NFTs could reignite the lending sector of integer collectibles. 

RWA NFTs besides showed imaginable earlier this year. In April, integer collections successful the RWA marketplace Courtyard drove Polygon-based NFT income to $22.3 million. This allowed the blockchain to surpass Ethereum successful play sales.

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